Word: coal
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Dates: during 1980-1989
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...wilderness system, while another 673,000 acres will be returned to "multiple use" status. Both sides made substantial concessions. The environmentalists gave up claims to some of the most majestic sections of the Grand Wash Cliffs at the strip's western edge. Energy Fuels Corp., a uranium-and coal-mining concern, agreed to the costly process of extracting ore from the top rather than the bottom of the Kanab Creek Canyon's 250 million-year-old columnlike rock formations so as to minimize environmental damage. Says Pamela Hill of Energy Fuels: "It was like trading baseball cards...
...Persian Gulf through the Strait of Malacca, into the South China Sea and finally to Japanese ports. From those tankers and others pour 99.8% of the country's oil and 70% of its total energy needs. Japan also imports 90.7% of its natural gas and 81.8% of its coal. The whole edifice of Japanese prosperity is built on those foreign energy sources...
...shock, when the price of crude rose in less than a year from about $2 to more than $11 per bbl. Before those hikes, Japan's oil consumption had been growing at 15% annually, encouraged by a government policy that de-emphasized the use of coal. When the price of oil jumped, Japan's economy teetered. Factories closed, unemployment rose, inflation zoomed. The Japanese economic miracle appeared to be ending...
...currently lower world petroleum prices. Nuclear plants now provide about 12% of Japan's electric power. The country at present has 23 nuclear plants in operation, and it has 19 more planned or under construction. Liquefied natural gas produces about 18% of total energy needs, hydroelectricity 19.8% and coal 2.6%. Oil-burning thermal plants provide only 46.6% of electricity at present, vs. almost 100% a decade ago. The Japanese are determined to push their alternative energy program through to success, and so far they are right on target. The country has lowered its dependence on imported oil for energy...
According to Barzini's saline account, one of Britain's most potent gifts to Europe was the black suit, a Continental uniform during the 19th century. This austere garment symbolized the qualities of sobriety, decency and steadiness that, along with those prodigious coal mines, allowed Britain to dominate the world for decades. The dark myth of British superiority persisted long after the country's decline, and led Britain in the 1950s to a disastrous delay in condescending to join the Common Market...